NaturalShrimp Inc (SHMP)

[Helter Skelter]

No REVENUES next 6-9 months if EVER.

5 employees. Salaries $109,623 divided by 5 = $22,000 each for 3 months or approxiamtely $7,000 per month for each employee.

CEO Williams, President Easterling, CFO Delgado, CTO Untmeyer, Operations Manager Pineda. Pineda probably only gets $5k per month, same with Untmeyer, who hardly does anything, with their cut ($7k down to $5k) splashing onto Williams, Easterling and Delgado...

Professional fees $70,535 is another near $8,000 a month splashing onto Williams, Easterling and Delgado.

Other General and admin expenses splashing a bonus on Pineda and perhaps Untmeyer.

Notice (once again) NO R&D (Research&Development) line item expense.

Facility operations, this period, last 3 months of calendar 2018, in the thick of trial 3...only has expenses of ~$7,400 per month ($22,479 in 3 months). No wonder the shrimp weren't being fed. The machinery and equipment were rarely 'turned on'...? It's like NOTHING was really happening. Small aquarium test trial...likely in that bucket that Mike Pineda is always watching for dead shrimp in, lol...here he is now...wtf is he doing?



Sad really.





Link > https://www.sec.gov/Archives/edgar/data/1465470/000165495419003865/nsmp_424b3.htm

SHMP CHiMP FRAUD